Maruti Suzuki India (MSI) plans to launch a light commercial vehicles (LCV) project on a limited scale.
MSI chairman RC Bhargava told Press Trust of India (PTI): “We will begin the LCV project on a very limited scale and take the initiative forward by understanding the marketing and sales experience. We will slowly roll it out as we do not want to rush into it. The commercial vehicle sector is a new sector for us.”
The company plans a separate sales and service network for LCVs.
“We are in the process of setting up [a] sales and distribution network for LCV because you cannot sell LCVs and cars from the same outlets. The customers are different, facilities required are different,” Bhargava said.
On growth for 2014, he said, “I expect that our company will continue to grow in double digits this year.”
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By GlobalData